President Joe Biden on Sunday expressed support for Amazon workers at a facility in Alabama who are in the midst of a historic unionization vote. Though he did not mention Amazon by name, Biden stressed the importance of unions in a video message posted to the White House YouTube channel Sunday evening, and highlighted the ongoing unionization efforts in Alabama specifically during his...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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